Trends - inflation - Business Recorder

inflation

Fed's Waller sees no sign of 'quick' decline in inflation

WASHINGTON: Inflation seems poised to continue slowing this year but the U.S. central bank's battle to reach its 2%...

Published 08 Feb, 2023 11:50pm

World

Biden to push for new taxes

WASHINGTON: US President Joe Biden will face Republicans who question his legitimacy and a public concerned about ...

Published 08 Feb, 2023 06:10am

World

Inflation starting to slow but long, 'bumpy' road ahead: Powell

WASHINGTON: US inflation is starting to cool but the road ahead will likely be long and bumpy, Federal Reserve Chair...

Published 08 Feb, 2023 12:35am

Markets

Philippines’ finmin: Govt to step up efforts to curb inflation

MANILA: Philippine Finance Secretary Benjamin Diokno said on Tuesday the government would intensify efforts to bring...

Published 07 Feb, 2023 10:16am

Opinion

Letter to a Comrade

Dear Muzammil, I hope you are well. It has been a while since we last saw, met or spoke. Judging from your article ...

Updated 07 Feb, 2023 02:20pm

Editorials

Runaway inflation

EDITORIAL: Consumer Price Index (CPI) rose by 27.6 percent year on year in January against 24.5 percent the month...

Published 07 Feb, 2023 06:36am

BR Research

Telenor Pakistan in CY22

Signifying a challenging operating environment for telecom operators, one of the country’s leading mobile network...

Published 06 Feb, 2023 09:05am

Business & Finance

Central banks should stick to ‘higher for longer’ interest rate approach: IMF

WASHINGTON: Global central banks need to make clear to financial markets the probable need for interest rates to...

Published 06 Feb, 2023 06:58am

Business & Finance

Eurozone dodges recession but gloomy outlook persists

BRUSSELS: The eurozone economy showed greater resilience than expected after avoiding a recession in the fourth...

Published 06 Feb, 2023 06:53am

Pakistan

PTI’s accord with IMF responsible for high inflation: Maryam

MULTAN: Pakistan Muslim League Nawaz (PML-N) Senior Vice President and Chief Organiser Maryam Nawaz has blamed...

Published 06 Feb, 2023 06:20am

Opinion

The mishandling of economy continues

Finance Division in the January 2023 Economic Update/Outlook noted that fiscal deficit July-November 2022 was 1169...

Published 06 Feb, 2023 06:20am

Business & Finance

BMP vows to resist IMF pressure to enhance GST to 18pc

LAHORE: As the International Monetary Fund has been pushing the government to increase the general sales tax rate to...

Published 06 Feb, 2023 06:20am

Business & Finance

SCCI chief criticises govt’s economic policies

PESHAWAR: Business community has expressed concern over the rising power and gas tariffs, unprecedented hike in...

Published 06 Feb, 2023 06:20am

Opinion

‘Each one feed one’

It was not long ago that there was this popular slogan “Each one teach one”. This slogan was originally an...

Published 04 Feb, 2023 06:08am

Govt says ‘will have to’ agree to IMF conditions

PESHAWAR: Prime Minister Shehbaz Sharif said Friday the government would have to agree to IMF bailout conditions ...

Updated 04 Feb, 2023 09:26am

Business & Finance

SPI inflation up 2.82pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) based inflation for the week ended February 2, 2023, recorded an...

Updated 04 Feb, 2023 10:14am

Pakistan

Martial law-like situation to follow if polls not held in stipulated period: Fawad

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) leader Fawad Chaudhry on Thursday categorically said that if the election...

Published 03 Feb, 2023 06:17am

Opinion

Lethargic economic management

About 84% of countries are expected to have lower headline (consumer price index) inflation in 2023 than in 2022....

Published 03 Feb, 2023 06:17am

Business & Finance

ECB raises rates, signals at least one more hike

FRANKFURT: The European Central Bank raised interest rates by 0.5% on Thursday and explicitly signalled at least one...

Published 03 Feb, 2023 06:17am

Business & Finance

BoE hints rates near peak after 10th hike

LONDON: The Bank of England signalled the tide was turning in its battle against high inflation after it raised...

Published 03 Feb, 2023 06:17am

BR Research

Inflation: The anchor drops!

“Headline inflation is still projected to gradually decline through the rest of the fiscal year, particularly in the...

Published 02 Feb, 2023 08:47am

Pakistan

JI to kick off three-day march against inflation on 10th

LAHORE: The Jamaat-e-Islami (JI) would hold a three-day protest march against inflation from February 10, announced...

Published 02 Feb, 2023 06:12am

IMF revises inflation rate upward for Pakistan

ISLAMABAD: The International Monetary Fund (IMF) has revised upward the inflation rate for Pakistan, ie, from 19.9...

Updated 02 Feb, 2023 11:17am

Opinion

Time for ‘radical’ and fast-paced economic reforms — II

For more than a decade, the entire PSDP (Public Secotor Development Programme) is based on foreign loans, which...

Updated 02 Feb, 2023 06:42am

Jan food prices rise 43pc YoY

CPI-based inflation hits 48-year high

Updated 02 Feb, 2023 09:10am

High inflation, low growth and falling forex: Country confronted with variety of challenges: MoF

ISLAMABAD: Pakistan is currently confronted with the challenges such as high inflation, low growth and low levels of...

Updated 02 Feb, 2023 09:18am

Business & Finance

US Fed unveils smaller rate hike but signals inflation fight not over

WASHINGTON: America's Federal Reserve slowed its pace of interest rate hikes Wednesday, tempering an aggressive...

Updated 02 Feb, 2023 12:31am

World

Eurozone inflation falls but uncertainty remains

BRUSSELS: The eurozone’s annual inflation rate has fallen for a third consecutive month, official data showed on...

Published 01 Feb, 2023 05:21pm

Markets

'Higher than expectations': Pakistan's headline inflation clocks in at 27.6% in January

This is the highest inflation reading since 27.8% recorded in May 1975, says analyst
CPI inflation in rural areas increased to 32.3% on year-on-year basis in January 2023

Updated 01 Feb, 2023 04:25pm

World

UK faces fresh mass strikes as wage talks derail

LONDON: Teachers and train drivers dominate a fresh round of UK-wide strikes Wednesday aimed at securing pay rises...

Published 01 Feb, 2023 11:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.64
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.07

Stock	Volume
S&P 500 / Apr 19	4967.23
India Sensex / Apr 19	73088.33
Tokyo Nikkei / Apr 19	37068.35
Nasdaq / Apr 19	15282.01
Hang Seng / Apr 19	16224.14
FTSE 100 / Apr 19	7895.85
Dow Jones / Apr 19	37986.40
Germany DAX 30 / Apr 19	17737.36

Item	Value
Crude Oil USD/Barrel / Apr 19	83.14
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 19	214935
Gold Spot USD/Ounce / Apr 19	2391.93
Cotton US¢/pound / Apr 19	81.02
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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